Many feared that millions of homes in foreclosure but not yet on the market would derail the housing recovery. But what ever happened to the "shadow inventory," as it's known?
Rising home prices contribute to profits for the bailed-out mortgage lenders. Higher home prices should help the real estate market and homebuyers, too.
Home prices are rising and the number of Americans behind on their mortgages has fallen to a three-year low — all encouraging signs of a rebound in the housing market.
Don't believe those real estate agents when they say the housing market's hit bottom and is going to rebound. The market is going to be flat for a long time to come.